ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2022

Oct 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2022-10-01

Reporting Person: Shepro William B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-01	Common Stock	M	3334.0000	$0.0000	Acquired	3334.0000	Direct
2022-10-01	Common Stock	F	1572.0000	$13.3200	Disposed	1762.0000	Direct
2022-10-01	Common Stock	G	1762.0000	$0.0000	Disposed	0.0000	Direct
2022-10-01	Common Stock	G	1762.0000	$0.0000	Acquired	563829.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-01	Restricted Share Units	$0.0000	M	3334.0000	Disposed		Common Stock (3334.0000)	Direct

Footnotes

F1: 3,334 shares of ASPS common stock were received upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and restated.

F2: Of the 3,334 RSUs vesting into shares reported above, 1,572 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 1,762 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on October 3, 2022 (the next active trading day following the vesting).

F3: Represents a transfer by gift by Mr. Shepro of 1,762 shares of ASPS common stock, acquired upon the vesting of time-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust. This transaction is reportable on Form 5, but Mr. Shepro is voluntarily reporting early on Form 4.

F4: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.

F5: The remaining 3,333 RSUs are scheduled to vest on the third anniversary of the October 1, 2020 grant date (i.e., October 1, 2023).